Trump threatens to shut down social media platforms
Trump threatened to shut down Twitter. Buterin hints at decentralization
Social networks are under the threat of total regulation.
US President Says It Is About Protecting Free Speech.
Cryptocurrency community doubts decentralization will solve the issue.
The US President has already announced the possibility of strict regulation of all social networks under certain conditions.
The scandal around Twitter and US President Donald Trump erupted with renewed vigor. According to Politico, the 45th President of the United States will soon sign a decree regarding the regulation of social networks. The details of the decree have not yet been reported.
Administration spokesman Kayleigh Makanani says the decree will essentially “target social media.”.
We will remind, earlier Twitter designated several posts of the President of the United States as “unreliable”.
On May 26, in his posts on Twitter, Trump urged not to believe in the cleanliness of voting in the November US presidential elections by mail. Thus, according to Trump, the vote could result in a “rigging” of votes.
“Mailboxes will be robbed, ballots will be tampered with and even illegally printed and signed fraudulently,” Trump wrote..
A Twitter post immediately appeared under the campaign messages with a link to an article from Politico titled “Trump Unreasonably Claims Mail Voting Falsifies Results.”.
The next day, the US President wrote on Twitter that the social network is “strangling” freedom of speech.
Decentralization won’t save
Against the backdrop of the whole scandal, the co-founder of the Ethereum blockchain ecosystem Vitalik Buterin expressed the assumption that all centralized social networks will fall under the government censorship rink in the foreseeable future.
“In the long term, I am pessimistic about the ability of centralized social networks to remain very independent of the political environment of the country in which they are concentrated. This only further demonstrates the need for an alternative, “wrote Buterin, referring to Trump’s accusations..
In the comments under Buterin’s post, it was noted that decentralized platforms were not widely adopted, since the average user does not care about censorship.
Twitter users also noted that decentralized platforms would be a place for an unlimited amount of unverified information..
However, some saw progress in centralization in the cryptocurrency project from Reddit.
“We need the ETH equivalent of Youtube and EOS Voice,” commented Buterin’s statement on Twitter.
In February, the head of the Binance cryptocurrency exchange, Changpeng Zhao, called for the regulation of “fake news” in the cryptocurrency space. TRON (TRX) founder Justin Sun and Zhao announced the creation of a “fund to fight fear, uncertainty and doubt (FUD)” with capital of over $ 1 million.
At the same time, users expressed skepticism about the creation of a centralized fund by market monopolists..
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